GFAI
Income statement / Annual
Last year (2023), Guardforce AI Co., Limited's total revenue was $36.28 M,
an increase of 5.23% from the previous year.
In 2023, Guardforce AI Co., Limited's net income was -$29.57 M.
See Guardforce AI Co., Limited’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$36.28 M
|
$34.48 M
|
$35.15 M
|
$37.65 M
|
$38.57 M
|
$37.34 M
|
$34.48 M
|
| Cost of Revenue |
$30.89 M |
$33.24 M |
$32.35 M |
$31.54 M |
$34.08 M |
$31.65 M |
$29.73 M |
| Gross Profit |
$5.39 M |
$1.23 M |
$2.81 M |
$6.11 M |
$4.49 M |
$5.69 M |
$4.74 M |
| Gross Profit Ratio |
0.15 |
0.04 |
0.08 |
0.16 |
0.12 |
0.15 |
0.14 |
| Research and Development
Expenses |
$169,511.00
|
$99,947.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$10.80 M
|
$15.32 M
|
$7.58 M
|
$6.67 M
|
$1.15 M
|
$697,687.00
|
$344,511.00
|
| Selling & Marketing
Expenses |
$87,327.00
|
$72,550.00
|
$93,736.00
|
$120,236.00
|
$131,810.00
|
$3.79 M
|
$2.80 M
|
| Selling, General &
Administrative Expenses |
$10.89 M
|
$12.67 M
|
$6.32 M
|
$6.51 M
|
$4.60 M
|
$4.49 M
|
$3.15 M
|
| Other Expenses |
$461,926.00 |
-$942,879.00 |
-$190,039.00 |
-$1.72 M |
$160,168.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$24.35 M |
$13.71 M |
$6.51 M |
$8.23 M |
$4.60 M |
$4.49 M |
$3.15 M |
| Cost And Expenses |
$55.24 M |
$46.96 M |
$38.86 M |
$39.77 M |
$38.68 M |
$36.14 M |
$32.88 M |
| Interest Income |
$653,374.00 |
$867,114.00 |
$372,465.00 |
$420,174.00 |
$649,376.00 |
$763,605.00 |
$621,971.00 |
| Interest Expense |
$653,374.00 |
$1.14 M |
$984,843.00 |
$898,748.00 |
$886,465.00 |
$770,230.00 |
$621,971.00 |
| Depreciation &
Amortization |
$5.24 M
|
$5.98 M
|
$5.03 M
|
$5.03 M
|
$5.29 M
|
$2.49 M
|
$2.29 M
|
| EBITDA |
-$13.25 M
|
-$6.50 M
|
$1.33 M
|
$2.91 M
|
$5.18 M
|
$3.69 M
|
$3.88 M
|
| EBITDA Ratio |
-0.37 |
-0.19 |
0.04 |
0.08 |
0.13 |
0.1 |
0.11 |
| Operating Income Ratio
|
-0.81
|
-0.36
|
-0.11
|
-0.06
|
-0
|
0.03
|
0.05
|
| Total Other
Income/Expenses Net |
-$9.58 M
|
-$6.05 M
|
-$2.52 M
|
-$776,868.00
|
$259,530.00
|
-$1.03 M
|
-$109,796.00
|
| Income Before Tax |
-$29.19 M |
-$18.53 M |
-$6.22 M |
-$2.90 M |
$148,550.00 |
$171,985.00 |
$1.49 M |
| Income Before Tax Ratio
|
-0.8
|
-0.54
|
-0.18
|
-0.08
|
0
|
0
|
0.04
|
| Income Tax Expense |
$434,320.00 |
$132,208.00 |
-$732,868.00 |
$242,837.00 |
$88,473.00 |
$95,153.00 |
$205,364.00 |
| Net Income |
-$29.57 M |
-$18.56 M |
-$5.48 M |
-$3.13 M |
$54,035.00 |
$73,724.00 |
$1.27 M |
| Net Income Ratio |
-0.82 |
-0.54 |
-0.16 |
-0.08 |
0 |
0 |
0.04 |
| EPS |
-4.53 |
-14.97 |
-12.5 |
-21.78 |
0.12 |
0.17 |
2.93 |
| EPS Diluted |
-4.53 |
-14.97 |
-12.5 |
-21.78 |
0.12 |
0.17 |
2.93 |
| Weighted Average Shares
Out |
$6.53 M
|
$1.24 M
|
$438,430.00
|
$143,535.00
|
$433,907.00
|
$433,907.00
|
$433,907.00
|
| Weighted Average Shares
Out Diluted |
$6.53 M
|
$1.24 M
|
$438,430.00
|
$143,535.00
|
$433,907.00
|
$433,907.00
|
$433,907.00
|
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